RE:RE:RE:RE:Nexgen Makes New DiscoveryVery accurate assessment. The positioning of NexGens claim area in the Western Athabaska straddles a number of virtually unexplored conductors all with very similar geomagnetic signatures. The Derckson corridor is especially interesting.. I read yesterday that the Federal Government is sending in some research geologists to characterise these discoveries that are outside the sandstone area. They don't understand why they are where they are.It seems very likely to me that NexGen is not sitting on just one deposit of the quality of Arrow but several. We can thanks James Sykes for his out-of-the-box thinking and drilling where nobody thought there was any Uranium. His (James Sykes) theory is that these deposits are where the basin USED to be and that the sandstone has eroded away over geologic time. In other words there could be many more deposits outside the conventional sanmdstone cover that are accessible without freezing and have no or limited water ingress issues.
That is why I am certain the NexGen will develop into another Cameco in the coming years and it explains why Curyer is structuring the Company to avoid hostile takeovers before he has the chance to do that.
You are a very shrewd investor M1.At 30c that is a 10 bagger alreaady....very well done.
Malcolm